NICU Christmas Club Account Summary
Description
A variable-rate savings account. The reviewed ongoing rate has no monthly activity requirements.
Benefits
- No monthly savings-account fee.
- No monthly activity requirements for the ongoing rate.
- No upper balance cap in the reviewed ongoing pricing.
Hoops
- Check the provider’s eligibility, linked-account terms and other service charges.
On this page
Details
Key details
| Product name | NICU Christmas Club Account |
|---|---|
| Maximum variable rate | 0.05% p.a. |
| Ongoing interest rate | 0.05% p.a. |
| Base interest rate | 0.05% p.a. |
| Minimum age | - |
Source: noren.com.au
All comparison details
| Base | 0.05% |
|---|---|
| Ongoing | 0.05% |
| Ongoing cap | No cap |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | - |
| Dep $/mth | - |
| Growth/mth | - |
| Buys/mth | - |
| Txns/mth | - |
| W/d/mth | - |
| Min age | - |
| Max age | - |
| Fee/mth | $0 |
Source: noren.com.au
Rates & features
Interest rates
Variable rates % p.a. at $699, assuming applicable bonus conditions are met.
- Base: 0.05% p.a..
Full rate breakdown
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 0.05% | Whole balance | All balances |
Source: noren.com.au
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Requirements
- Interest is calculated on the minimum monthly balance and paid annually on 30 November, as specified by the current TMD and deposit rate sheet.
- No ongoing monthly service fee. Other transaction and non-standard service charges may apply. Maximum one account per accountholder. No introductory offer is established.
- Normal withdrawals and transfers are available from 1 November through 31 January. Access outside that period requires account closure and the account cannot be reopened during the same calendar year.
- The product webpage says daily calculation, but the dedicated deposit rate sheet and product TMD agree on minimum monthly balance. This comparison follows the explicit calculation method in those documents. The displayed annual rate assumes a constant comparison balance, actual interest depends on each month’s minimum.
Fees
- Monthly account fee: $0
Showing reviewed fees only, other charges may apply
How to apply
Check these eligibility requirements before applying with NICU.
- Full eligibility has not been verified for this page. Check the provider’s application requirements.
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Sources & review
Noren aggregates information from multiple primary sources to ensure you're getting the most up-to-date, accurate information. All product information is peer reviewed.
Collected and verified on 1 Nov 2026.